香港聯合交易所有限公司與證券及期貨事務監察委員會對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Hand Enterprise Solutions Co., Ltd. 上 海 漢 得 信 息 技 術 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） 警告 本公告乃根據香港聯合交易所有限公司（「聯交所」）及證券及期貨事務監察委員會 （「證監會」）的要求而刊發，僅用作提供資訊予香港公眾人士。 閣下閱覽本文件，即代表 閣下知悉、接納並向上海漢得信息技術股份有限公司 （「本公司」）、其獨家保薦人、獨家保薦人兼整體協調人、顧問或包銷團成員表示同 意： – 1 – (a) 於聯交所網站登載本公告，並不引起本公司、其獨家保薦人、獨家保薦人兼整 體協調人、顧問或包銷團成員於香港或任何其他司法權區必須進行發售或配售 的任何責任。本公司最終會否進行發售或配售仍屬未知之數； (b) 本公告所涉及的上市申請並未獲批准，聯交所及證監會或會接納、發回或拒絕 有關的公開發售及╱或上市申請； (c) 本公告不得 ...

Core Insights - The article emphasizes the importance of discipline, knowledge, and emotional control in stock market investing, highlighting that many retail investors fail due to poor habits and lack of a structured approach [1][3]. Stock Selection Strategies - Stock selection should not occur during bullish markets, as it obscures the true quality of stocks; instead, investors should identify strong stocks before a bull market begins [3][4]. - The future prospects of a company, rather than its current market price, should guide stock selection; companies with substantial long-term benefits are more likely to see their stock prices rise [3][4]. - Investors should avoid being misled by past stock price increases, as future performance is not guaranteed by historical gains [3][4]. - It is crucial to invest within one's area of expertise; unfamiliar stocks can lead to anxiety and poor decision-making [4][5]. - During market downturns, investors should focus on sectors with strong potential and select stocks that have declined the least, as these often have strong backing from major investors [5][6]. - Stock selection should begin with an analysis of industry and policy outlooks, followed by a focus on active leading stocks within promising sectors [5][6]. Buying Methods - The principle of buying low and selling high is fundamental; investors should purchase stocks during price declines rather than during rallies [6][7]. - Buying at support levels is essential, as stocks need a solid foundation to reverse downward trends; significant support levels increase the likelihood of successful upward movements [6][7]. - Volume and price relationships should inform buying decisions; stocks that stabilize at lower prices and then show increased volume are often good entry points [6][7]. - A strategy of staggered buying can mitigate risks associated with missing out on good stocks while avoiding the pressure of high entry prices [6][7]. - Right-side trading involves buying during confirmed upward trends, particularly after stocks break out of long consolidation phases [6][7]. Risk Management and Trading Discipline - Effective risk management is critical; traders should avoid overtrading and ensure they have a clear plan for entry and exit points [12][13]. - Setting stop-loss orders is vital to protect against significant losses, and these should only be adjusted upwards [12][13]. - Traders should be patient and wait for favorable conditions rather than forcing trades during uncertain times [12][13]. - Maintaining a disciplined approach to trading can lead to a more enjoyable experience in the market, as emotional control is essential for long-term success [16].

本报讯(记者袁传玺)天眼查工商信息显示，近日，安徽寒武纪信息科技有限公司发生工商变更，注册资 本由2亿元增至2.8亿元。股东信息显示，该公司由寒武纪(688256)全资持股。 ...

Core Viewpoint - Shanghai Hejian Industrial Software Group Co., Ltd. has officially submitted its IPO counseling record to the Shanghai Securities Regulatory Bureau, marking its entry into the capital market as a leading domestic EDA company [1][4]. Group 1: Company Overview - Hejian Industrial Software was established on May 29, 2020, with a registered capital of 362.99 million yuan [3]. - The company is classified under the software and information technology services industry and has no history of failed IPO applications in the past three years [3]. - The controlling shareholder, Shanghai Yuqi, holds 17.04% of the company's shares [3]. Group 2: Market Context - The EDA (Electronic Design Automation) industry is crucial for integrated circuit design and manufacturing, with a global market dominated by Synopsys, Cadence, and Siemens EDA, which together hold over 70% market share [2][6]. - The Chinese EDA market reached $1.52 billion in 2023 and is expected to exceed $2.5 billion by 2025, with a compound annual growth rate of 18.7%, significantly higher than the global average [6]. Group 3: Competitive Advantage - Hejian Industrial Software has a strong technical team, with many members having 15 to 20 years of experience in the EDA field, including former executives from international EDA giants [4]. - The company is the only domestic EDA firm capable of covering the entire digital chip verification process and DFT (Design for Testability) design process, with nearly 40 innovative products launched in four years [5]. Group 4: Industry Expectations - The IPO counseling record is seen as a strategic move to leverage capital for overcoming technological barriers and enhancing the ecosystem of the domestic EDA industry [2][6]. - With increasing demand for domestic EDA tools from local chip design companies, the market presents significant opportunities for Hejian Industrial Software to establish itself as a key player in the global EDA market [6].

Group 1 - The core point of the article is that Yilianzhong Information Technology Co., Ltd. has won the bid for the intelligent supervision pilot procurement project of the Bengbu Medical Insurance Fund Security Monitoring Center with a bid amount of 890,000 [1][2] - The procurement was announced on December 26, 2025, and is located in Anhui Province [2] - Yilianzhong has made investments in 59 companies and participated in 2,134 bidding projects, indicating its active engagement in the market [1] Group 2 - The company holds 79 trademark registrations, 114 patents, and 516 copyright registrations, showcasing its intellectual property portfolio [1] - Additionally, Yilianzhong has obtained 5 administrative licenses, which may enhance its operational capabilities [1]

Group 1 - The core viewpoint of the news is that Inspur Enterprise Cloud Technology (Shandong) Co., Ltd. has applied for a patent related to a data change method for enterprise application systems, which aims to enhance data management and security [1][2]. Group 2 - The patent application, titled "A Data Change Method, Device, Equipment, and Medium for Enterprise Application Systems," was published with the number CN121210469A and was filed on September 2025 [1]. - The patent describes a method that includes obtaining data change application instructions, generating corresponding application codes, and creating temporary tables to perform data change operations, thereby isolating changes to ensure data security [1]. - Inspur Enterprise Cloud Technology (Shandong) Co., Ltd. was established in 2022, located in Jinan, with a registered capital of 150 million RMB, and has invested in four companies while holding 195 patents [2].

Core Insights - The conference held on December 26 in Jinan focused on enhancing the technological innovation attributes of state-owned enterprises in Shandong Province, aiming to drive high-quality industrial development through deep integration of technology and industry [1][2]. Group 1: Technological Innovations - Shandong Heavy Industry Weichai Group invested 120 million RMB to develop methanol engines, addressing industry challenges such as oil emulsification and low-temperature cold starts, achieving full-scenario coverage in various applications [2]. - Shandong Gold Group developed a third-generation tailings filling technology that reduces energy consumption by 70% and has been recognized with the 2024 Shandong Provincial Science and Technology Progress Award for its international leading level [2]. Group 2: Collaborative Initiatives - Shandong High-speed Group and Shandong University established Qilu Transportation College, fostering talent and achieving over 10 billion RMB in economic benefits through collaborative innovation and technology transfer [3]. - Shandong Xinhua Pharmaceutical Co., Ltd. built a high-end talent team and established a national-level intelligent manufacturing demonstration factory, achieving breakthroughs in key technologies in various pharmaceutical fields [3]. Group 3: AI and Resource Sharing - The "Artificial Intelligence+" industry and technological innovation resource sharing platform was launched to support digital transformation and collaborative innovation among state-owned enterprises in Shandong [3][5]. - The platform will regularly publish typical application scenarios in technology research and production, aiming to enhance cooperation opportunities for small and medium-sized enterprises [5]. Group 4: R&D Investment Growth - R&D investment by Shandong state-owned enterprises increased from 25.57 billion RMB in 2020 to 52.91 billion RMB in 2024, with a compound annual growth rate of 20% [5]. - In the first 11 months of 2025, 26 state-owned enterprises invested 42.01 billion RMB in R&D, ranking first among provincial-level regulated enterprises in China [5].

Core Viewpoint - The company emphasizes its commitment to continuous innovation and enhancing intrinsic value to provide better returns to investors, despite external factors affecting its market capitalization [2] Group 1: Company Performance - The company has maintained a consistent dividend policy since its listing in 2011, distributing a total of 719 million yuan in cash dividends over 14 years [2] - The company plans to focus on its core business and increase efforts in technological and institutional innovation [2] Group 2: Market Influences - The company's market capitalization is influenced by various factors, including macroeconomic conditions, industry cycles, and market sentiment [2]

Group 1 - The company emphasizes its commitment to information and cybersecurity issues, indicating a proactive approach to these challenges [2] - The products and solutions offered by the company across various industries incorporate effective offensive and defensive technologies, as well as emergency mechanisms [2]

Group 1 - The company, Qianfang Technology (002373.SZ), announced the approval of a proposal to change the use of part of the raised funds at the 14th meeting of the sixth board of directors [1] - The company will terminate the implementation of the 2020 non-public offering project for specific objects, titled "R&D Upgrade and Industrialization of Next-Generation Smart Transportation System Products and Solutions" [1] - The remaining raised funds amount to 955.7047 million yuan, which includes financial income and interest of 41.6048 million yuan [1] Group 2 - The purpose of the remaining funds will be changed to implement a new investment project titled "R&D and Industrialization of Key Technologies for Unmanned Logistics" [1] - The sponsor institution, Guotai Junan Securities Co., Ltd., has issued a consent verification opinion on this matter [1]